Mayville Engineering Co., Inc. is a vertically integrated, value-added manufacturing partner providing a full suite of manufacturing solutions from concept to production, including design, prototyping and tooling, fabrication, aluminum extrusion, coating, assembly and aftermarket components. Its customers operate in diverse end markets, such as heavy-and medium-duty commercial vehicles, construction and access equipment, powersports, agriculture, military and other end markets. We show 22 historical shares outstanding datapoints in our MEC shares outstanding history coverage, used to compute MEC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MEC market cap history over the course of time is important for investors
interested in comparing MEC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MEC versus a peer is one thing; comparing
MEC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MEC can fluctuate over the course of history.
With this page we aim to empower investors researching MEC by allowing them to research the MEC market cap history. |
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Video: The Importance of Market Cap
